Crypto How to trade VALUE. Learn to trade by yourself in forex, crypto, stocks or any market.

[foxicle]

Because of the non-ending scam sites here and there, the purpose of which is to rob people of their hard earned money. I am making this thread to share what I have learned about the true nature of trading.

The reason I do this? Simple.

Pay it forward. If this helps you, then help others also.

Someone taught me some of the principles I learned for free. I'll do it for free also. Pay it forward not scam people.

 

[foxicle]

If possible, I try to minimize the discussion of theories because it's boring, I'll try to keep it simple and brief. You can do further research as I have done in the past. What I will be sharing here is a shortcut of my lifetime research.

Also it's December now, so I will be more liberal.

This trading based on value can be used to trade all the markets, forex, crypto, stocks, and etc.

I mostly trade in forex and just recently got interested in crypto.

So for now, let us use Forex charts for uniformity.

Theory behind trading value. The basis of it all.

I would like to discuss it but I think someone discussed it better.

So please take your time and read what he said. It is the fundamental principle in trading.

It was made by fijitrader.

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The Daily Open Line.

Always use this.

This is the mean price for the day unless price re-calibrated to much higher or lower value.

Assess the value always using daily open line for intraday trading. Let us only discuss intraday trading. Maybe I'll discuss swing trading soon.

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Bakit tuwing magpopost ako, nacoconvert sa editing ng last post?

Hindi ko mahati yung thread into topics.
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Application to cryptocurrencies. This is what we call recalibration. I will discuss more on this.

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Oh my goodness. I cannot break the thread into topics, it keeps on returning to previous post and edits it.
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Next is market structure.

Market structure is based on sound logic not on any nonsense.

Look at these re-calibration zones.

Value re-calibrated on these areas.

 

[jhep1101]

Update sir..need ko po matuto..

 

[Dhannie21]

Paturo lods gusto ko matuto magtrade

 

[Mik2018]

wow, salamat may new learnings nanaman ako. as of now SMC combine with ICT concept inaaral ko. dagdag confluences ko na lang po to salamat po.

follow po kita master, para updated ako sa post mo dito. as of now paper trading lang muna ako, malaki na kasi talo ko dahil fear and greed pinapairal ko. yan dapat kasi inuuna pag dating sa trading malaking factor yan master. salamat sa share talaga, e dag dag ko na sa pag aaral yung daily open libe po sana mag work sa crypto.

 

[foxicle]

Oo wait lang guys. paano ba hatiin yung thread per post. Kasi tuwing magpopost ako, nai-edit yung last post ko, hindi ko mahati per topic.

wow, salamat may new learnings nanaman ako. as of now SMC combine with ICT concept inaaral ko. dagdag confluences ko na lang po to salamat po.

follow po kita master, para updated ako sa post mo dito. as of now paper trading lang muna ako, malaki na kasi talo ko dahil fear and greed pinapairal ko. yan dapat kasi inuuna pag dating sa trading malaking factor yan master. salamat sa share talaga, e dag dag ko na sa pag aaral yung daily open libe po sana mag work sa crypto.

Masyadong subjective ang SMC, hindi nga nila ma pinpoint exactly saan ba talaga ang orderblock, check mo sa mga tutorial, paiba-iba.

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Tulad nito, nag reply lang ako sa isang post, naedit lang yung last post ko.

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So far we have discussed 3 topics already (with live examples):

1. Daily open line
2. Value re-calibration
3. Market structure

Very simple topics to understand.

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Comment nalang kayo guys para mahati ko ang topics. 1 comment para ma break yung editing ng post.

Every comment maguupdate ako sa thread nato.

 

[jhep1101]

Up

 

[SolGleo]

mas better yung may ganitong threads compare sa mga threads na tuturuan ka nga kumita para lang maiscam.

 

[foxicle]

Okay let us try to trade ETHEREUM/USD.

1. Go to H4 time frame

• check if we are above/below Monthly Open (color purple)
• check if we are above/below Weekly Open (color yellow)

So since nasa baba tayo ng monthly and weekly open, mas madali mag trade ng SELL only, pero hindi ibig sabihin walang opportunity for buy (will discuss later), mas easy lang ang sell trade.

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Now, after natin macheck kung nasa baba or taas tayo ng monthly at weekly open.

2. Check the logical Market Structure.

Market structure is all about targets. Design lang yung trendline.haha

Find the next probable target and observe what happens after a target has been reached (yung may "X").

This is the logical market structure. All about targets.

 

[foxicle]

Result kahapon.

 

[Hounted123]

bakit hindi na po napatuloy tong thread?

 

[Master Oogway]

pa BM

 

[foxicle]

The crucial parts are already shared. Negotiation starts at open line.

 

[Hounted123]

Medyo naconfuse po ako hindi ko po makita yung weekly open parang nakikita ko lang po yung daily open (yellow dotted line) at Monthly open (Purple Line). Is it possible po to show us another example for crypto po sana para mas align po sa tinitrade. I appreciate it for sharing.

One last thing po pala pwede po pashare ng pine script o kung paano nyo po ginagawa yung magkakaroon ng line for Daily open, Weekly open at monthly open?

The crucial parts are already shared. Negotiation starts at open line.

View attachment 2654447

 

[foxicle]

Trend trader ako, minsan lang ako nagka-counter trade, strike were volatility goes. It's up to the bank anyways. Set ko na to sa BE, inaantok nako at tapos na ako sa currencies.

I don't really feel optimistic about this trade, so BE nalang, good night.

Magenta = daily open
Gold dotted = weekly open
*monthly open not visible

 

[foxicle]

Buti sinwerte

Thank you BTC may pang-ulam na hangang gabi.

 

[foxicle]

Just got on my PC and I always see the same thing happen again and again.

There is no need to over analyze because , for some sort of reason, banks move the price.

 

[foxicle]

Practice the easy way first, the rest will follow.

 

[foxicle]

The Daily Open Line, apply the same principle from higher to lower time frame.

Recalibration

 

[foxicle]

Sa sobrang antok di nako nakapost dito after manual close.

BEFORE-----------------------------------

AFTER----------------------------------------

This is my chart.